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Sep 29, 2012
09/12
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being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're eating jobs or not. that's important. but also what's happening to those who remain unemployed. and that is a pretty worsening picture. that's why i call 2 a crisis. because long-term unemployment is really high. and youth unemployment is really high. and these are longer-term issues that we need to deal with. so the employment picture is very important. second, clarity for businesses. today no one has the confidence to invest. there is a ton of money, judy, on the sideline, a ton of money. and if we can engage that money in the system would be great. an third as ken rightly said, the global economy. we are facing he is vore headwinds. so a num
being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're eating jobs or not. that's important. but also what's happening...
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Sep 27, 2012
09/12
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and making sure the economy is strong. >> woodruff: dorothy stoneman, the founder of the non-profit youthbuild usa - says young people from disadvantaged backgrounds are more apt to base their vote on their immediate circumstances. >> in 2008 they had this hope, they did believe in hope and change, i think some of them are now disappointed because they got their hopes up so high and they haven't seen the kind of change that they imagined. they're not mad, they're disappointed, they're not sure, so they're confused about what does it take to change, which they know their neighborhoods need. >> woodruff: back in columbus, only miles from ohio state university, shannon follins worries about her neighborhood. follins who was pregnant at 16, now has two children, works an overnight shift at the waffle house and attends classes during the day. she will vote for the president because she thinks he is more in touch with the needs of her community and her children. >> i don't want my son growing up to be no gang banger shooting people or in and out of prison i don't want my daughter to be a
and making sure the economy is strong. >> woodruff: dorothy stoneman, the founder of the non-profit youthbuild usa - says young people from disadvantaged backgrounds are more apt to base their vote on their immediate circumstances. >> in 2008 they had this hope, they did believe in hope and change, i think some of them are now disappointed because they got their hopes up so high and they haven't seen the kind of change that they imagined. they're not mad, they're disappointed,...
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Sep 28, 2012
09/12
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weak leadership, lack of vision, inabilityo move to tackle the economy. not just slowing growth rate and export as broad. it's growing nonperforming loans and bank indebtedness, social inequities. whole series of issues that plague the economy going forward. >> time quick question, there are plenty of other party leaders who live beyond the obvious means of the government official. is that at all risky for them to file these kind of charges against bo? >> absolutely. he is not unique, we say. he is unique in that he was involved in a homicide or the cover-up of a homicide and his own political style is slightly unique but in terms of corruption, he is more representative, i would say, of the entire system. the system is riddled with this. and you know, there is lile irony that the princelings are the ones who are receiving most of this corruption. >> warner: professor david shambaugh, thank you. >> you're welcome, >> woodruff: and to the analysis of shields and brooks-- that's syndicated columnist mark shields and "new york times" columnist david brooks.
weak leadership, lack of vision, inabilityo move to tackle the economy. not just slowing growth rate and export as broad. it's growing nonperforming loans and bank indebtedness, social inequities. whole series of issues that plague the economy going forward. >> time quick question, there are plenty of other party leaders who live beyond the obvious means of the government official. is that at all risky for them to file these kind of charges against bo? >> absolutely. he is not...
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Oct 4, 2012
10/12
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nancy riordan, who's 49 currently looking for work in the tough florida economy. suzanne kidd, a 65-year-old retiree who taught for 30 years in the detroit schools. chastity pellum, a student at the university of central florida training to be a science michael weinbaum is 28, an engineer and self-described social conservative from jacksonville. and charlie adkins, a 56-year- old real estate manager, a former homebuilder who struggled we met in downtown orlando, in the heart of one of the most hotly contested regions, of one of the most hotly contested states in the 2012 election. welcome to you all. thanks for joining us both to watch and to discuss what happened tonight. i want to know if anybody's opinion of either candidate was changed by watching them debate each other for 90 minutes. did anybody see either of the two men in a different way when it was all over? >> i think governor romney, especially by opening with a story of how it was either him or his wife had met someone who was struggling to find a job, had one job, didn't work and happened multiple tim
nancy riordan, who's 49 currently looking for work in the tough florida economy. suzanne kidd, a 65-year-old retiree who taught for 30 years in the detroit schools. chastity pellum, a student at the university of central florida training to be a science michael weinbaum is 28, an engineer and self-described social conservative from jacksonville. and charlie adkins, a 56-year- old real estate manager, a former homebuilder who struggled we met in downtown orlando, in the heart of one of the most...
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Sep 26, 2012
09/12
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major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> intel. sponsors of tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama faced an international audience today against the backdrop of a reelection campaign at home and anti-american violence abroad. the president took the stage at the unitedded nations urging the assembledded leaders to address the wave of anger across the muslimorld. >> the attacks of last two weeks are not simply an assault on america. they're also an assault on the very ideals upon which the united nations was founded. if we are serious about these ideals, we must speak honestly about the deeper causes of the crisis. because we fac
major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> intel. sponsors of tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs...
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Oct 2, 2012
10/12
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the wealth, the growth, the economy the prosperity was shared. since then, however, those wedge economics came in. what you've seen is productivity has continued to grow about 80% since 1973. but the average hourly compensation of an average worker has grown only 10%. the ceos' pay has quadrupled, the income of the people at the top 1% has grown 600%. the census bureau says the average male worker since 1978 is making just the same pay adjusted for inflation so it's flat in the middle and it's soaring up at the top. tremendous inequality. i think you're right. people don't favor ex-appropriation. americans are more tolerant of economic inequality than europeans and asians but you do see in poll after poll people are... there's too many wealth concentrated at the top. there's too much power in washington lobbyists. the tax system should be chaiked to raise taxes on the top brackets. two-thirds of americans agree in almost every poll to those numbers so there is sentiment to change things. but there's not anger in any kind of rebellious sense of wo
the wealth, the growth, the economy the prosperity was shared. since then, however, those wedge economics came in. what you've seen is productivity has continued to grow about 80% since 1973. but the average hourly compensation of an average worker has grown only 10%. the ceos' pay has quadrupled, the income of the people at the top 1% has grown 600%. the census bureau says the average male worker since 1978 is making just the same pay adjusted for inflation so it's flat in the middle and it's...
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Sep 28, 2012
09/12
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economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your community and the members of your family that are struggling for good work. if you don't believe me look at the numbers that just came out in the growth of our economy. 1.3% versus russia at 4%, china at 7-8%, we are at 1.3% this is unacceptable. it is not working. i know what it takes to get things working. >> sreenivasan: 200 miles away in virginia beach, president obama acknowledged the economy is still struggling. but he also promised the crowd he'll push for an era of what he called economic patriotism. >> during campaign season you always hear a lot about patriotism. well you know what?
economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your...
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Oct 3, 2012
10/12
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the people who think the economy is getting better has increased by 17 points since july. i mean, there's really a sense-- the president has to confirm to them that he, a., his policies have made a difference in this improvement, that they are right in sensing the improvement, and they can take it from here. when asked who is better prepared to lead the nation over the next four years, by a 13-point margin, 49-36, people say the president-- 35, say the president over mitt romney. even people who are voting for mitt romney don't think he's better prepared. that's what the president has to accomplish, i think. >> woodruff: david, finally, and quickly, you touched on this earlier. there is this conversation that debates-- i think you said they're not always dispositive. is it possible this debate might not matter? >> it's certainly possible. the candidate who has gone in with the lead in the polls predebate has won the election almost every time. so of but that disrnt mean they don't change votes-- >> kennedy-bush. >> this is a closer race man most campaigns. so it's it's 2.8
the people who think the economy is getting better has increased by 17 points since july. i mean, there's really a sense-- the president has to confirm to them that he, a., his policies have made a difference in this improvement, that they are right in sensing the improvement, and they can take it from here. when asked who is better prepared to lead the nation over the next four years, by a 13-point margin, 49-36, people say the president-- 35, say the president over mitt romney. even people...
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Oct 2, 2012
10/12
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that's an iconic reef for their society and their economy. they put quite a few pleasures in place to take care of it. losing half of it in 27 years despite that effort is quite shocking >> ifill: when you say it's human cause. you mean what we do with our waters, what we do with our fishing, what we do with our run-off from agricultural causes? >> all of those things have a big role to play. as you mentioned, the voracious predatory star fish has caused lot of the death on coral reef. that star fish is almost like a locust on reeves when it gets out of control. a swimmer can see 100 or even over 1,000 in a 20-minute swim when you have an outbreak going on. they can kill up to two thirds of a reef just in a year when that happens. what causes that now is increasingly well understood. in fact, information from the great barrier reef is why we understand it. on one hand, it's really important to have healthy fish communities there because the fish eat the star fish and keep them under control. then you have to really worry about water quality b
that's an iconic reef for their society and their economy. they put quite a few pleasures in place to take care of it. losing half of it in 27 years despite that effort is quite shocking >> ifill: when you say it's human cause. you mean what we do with our waters, what we do with our fishing, what we do with our run-off from agricultural causes? >> all of those things have a big role to play. as you mentioned, the voracious predatory star fish has caused lot of the death on coral...
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Sep 28, 2012
09/12
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>> again there are two economies. i think 80% of households are not better off. they have made no progress. they have still got jobless worries and their incomes haven't gone up and gone down if anything. but the top 20%, 4% unemployment, the stock market going up makes them wealthier. those 20% would tell you in a poll and polls show, this 20% of the people say yeah, things are better. but only 20. melissa: harry dent. always great. thank you. >>> fracking our way to a healthier environment? environmentalist says fracking boom is the cause of lowest carbon dioxide emissions in 20 years. he is here next to explain. fascinating stuff. >>> dire situation for many states. state workers are still making more money than people in the private sector. we have details from a revealing new report. more "money" coming up. ♪ . rachel quit the corporate grind to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out upda
>> again there are two economies. i think 80% of households are not better off. they have made no progress. they have still got jobless worries and their incomes haven't gone up and gone down if anything. but the top 20%, 4% unemployment, the stock market going up makes them wealthier. those 20% would tell you in a poll and polls show, this 20% of the people say yeah, things are better. but only 20. melissa: harry dent. always great. thank you. >>> fracking our way to a healthier...
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Sep 27, 2012
09/12
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china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the level of these things higher than ever. don't just focus on the negative aspects of things. there is great resilience in the relationship. >> internal changes in china
china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of...
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Sep 28, 2012
09/12
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federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other barometers that point in a variety different ways so this is one of them. it doesn't necessarily mean anything. i am wondering if what this is saying for president obama is that people are going to look at their financial statements, if they are lucky enough to have accounts and they are up, or they will look at their home values if they are lucky enough to have a home going up in value and they feel, on paper, some of this wealth affect we hear about. you dismiss that? >>guest: well, it is a good point that perhaps what this is telling us is that bernanke at the federal reserve is throwing the kitchen sink at this
federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other...
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Sep 27, 2012
09/12
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they're behind on the economy, which was supposed to be president obama's weakness. so i think they're really in trouble in virginia. we've seen a slip on the part of the romney campaign since the convention, so whatever that convention bounces, it turned into a convention slide in virginia. we have a series of polls out now that show the gap widening between obama and romney. i think the romney campaign needs to find an opening, a gap to shoot in virginia on that issue. they need to press that gap. >> it's interesting you say that the spokesperson for the rnc in saz said obviously in 2008 we got our clock cleaned here and got caught flat foolted. we're just casting a real wide net in virginia. what do you make of that statement, professor? >> well, it may be a wide net, but it's not capturing anything. in the latest swing state poll, they're behind on every issue. i mean, the number one issue that the romney campaign was going to press against obama they're behind on, the economy. they're behind on national security. they're behind on dealing with the international
they're behind on the economy, which was supposed to be president obama's weakness. so i think they're really in trouble in virginia. we've seen a slip on the part of the romney campaign since the convention, so whatever that convention bounces, it turned into a convention slide in virginia. we have a series of polls out now that show the gap widening between obama and romney. i think the romney campaign needs to find an opening, a gap to shoot in virginia on that issue. they need to press that...
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Sep 29, 2012
09/12
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CNNW
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, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls from top republicans to do so. he came under fire saying that women can biologically prevent pregnancy after a rape. told the washington watch weekly that aiken was successful in his holdout. >> the first day or two were,it was like the waco with david koresh situation where they're trying to smoke him out with the s.w.a.t teams and the helicopters and the bad nancy sinatra records. then here comes day two and you realize the guy's not coming out of the bunker. >>> and we've got much more ahead this hour. >> here's what's coming up. >>> the battle over voter i.d. is heating up acros
, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls...